Xactus Announces James Owens as Chief Technology Officer | Business


Xactus, the leading verification innovator for the mortgage industry, today announced that James Owens has joined the company as Chief Technology Officer.

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James Owens, the new Chief Technology Officer at Xactus. (Photo: BusinessWire)

Owens will define and oversee Xactus’ technology strategy, including all technical aspects of the development and implementation of new products on its platforms, and lead other corporate technical initiatives, including IT security and data.

“James is a passionate technologist with a visionary mindset and a solid track record in building high-performing teams and developing innovative technologies. He will help propel our business into the next phase of growth and enable Xactus to usher in an era of groundbreaking transformation for the mortgage industry,” said Perry Steiner, President and CEO of Xactus. “Our mission is to advance modern mortgages and James is key to achieving that.”

Shelley Leonard, President of Xactus, added, “I had the pleasure of working with James earlier in my career. He is a dynamic leader who brings extensive technological expertise to our business. Hiring a CTO of his caliber demonstrates our commitment to bringing the transformative innovation the mortgage space needs to help lenders close more loans, faster.

As Chief Technology Officer, Owens is responsible for providing leadership around Xactus’ technology, maintaining infinite scalability, an agile development environment, and leading a customer-centric organization. A seasoned IT professional with nearly 30 years of executive-level experience in the financial services and software development industries, Owens brings a wealth of technology development and leadership expertise to the role. Prior to joining Xactus, he was Chief Architect/Head of Technology Strategy and previously Chief Technology Officer at OneMain Financial, the leading consumer finance company in the United States. In this role, he was responsible for aligning technology initiatives with long-term business strategy, overseeing enterprise architecture, and leading the engineering team that launched a de novo credit card business. Prior to OneMain, Owens held several consulting, sales and product roles at Black Knight Financial Services, and the first 10 years of his career included engineering, technology leadership and transformation consulting roles. He is a Certified Mortgage Technologist (CMT) with the Mortgage Bankers Association and holds a BA in International Relations from George Mason University.

“The opportunity to transform an industry is a rare chance in a career. Verification solutions and the associated workflow in mortgage originations have not been questioned for many years, and Xactus is making substantial technology investments to innovate, increase efficiency and improve transparency,” said Owens. . “I look forward to joining Xactus and playing a role in leading our industry’s technology migration to the modern mortgage experience.”

Xactus is made up of the merged family of companies which includes Credit Plus, Universal Credit Services, CIS Credit Solutions, Avantus, DataFacts Lending Solutions and SharperLending.

About Xactus

Xactus is the leading verification innovator for the mortgage industry. The company has more than 6,500 customers ranging from the largest bank and non-bank mortgage originators to credit unions and mortgage brokers. With 12 operations centers in the United States, Xactus works closely with its customers to digitally integrate a 360° approach to verification into their workflows. As a result, lenders can easily access the technology needed to meet consumer demands for a modern mortgage experience with industry-leading speed, reliability and accuracy, while closing more loans faster with greater profitability. For more information, please visit https://xactus.com/.

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SOURCE: Xactus

Copyright BusinessWire 2022.

PUBLISHED: 05/03/2022 06:00 AM/DISC: 05/03/2022 06:02 AM


Copyright BusinessWire 2022.

Michael J. Chiaramonte